Telecoms Up as Traders Bet on Subscriber Growth -- Telecom Roundup
October 24 2014 - 6:28PM
Dow Jones News
Shares of telecommunications companies rose as traders bet the
sector's earnings and subscriber growth will come in strong
overall. AT&T recouped some of its losses even as The Wall
Street Journal said analysts believed subscribers were jumping ship
on the carrier because it was no longer subsidizing new phones to
the same extent.
-Rob Curran, rob.curran@dowjones.com